Czech Republic and CEZ sign nuclear power plant expansion agreement: require EU approval

Czech Republic and CEZ sign nuclear power plant expansion agreement, Power Technology 29 July 20, The Government of the Czech Republic has signed agreements with state-controlled utility company CEZ for the expansion of the Dukovany nuclear power plant.

Reuters reported that the agreement includes a general framework as well as details of the expansion’s initial phase.

It will also include a tender in which CEZ will outline a preferred list of its suppliers by 2022. It would then finalise the contract with a supplier by 2024. CEZ has planned to launch the supplier tender by the end of 2020.

It is estimated that the construction of the new unit would cost $7.04bn (€6bn).

The nuclear power plant expansion would require approval from the European Commission to ensure the project meets EU state aid rules……. https://www.power-technology.com/news/czech-republic-cez-sign-agreement-dukovany-nuclear-power-plant-expansion/

July 30, 2020 - Posted by Christina Macpherson | EUROPE, politics

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